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IL HB3964
Bill
Status
2/27/2015
Primary Sponsor
Joe Sosnowski
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AI Summary
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Amends the Toll Highway Act to redirect excess toll revenues remaining after required expenditures to the State Construction Account Fund for use on statewide road projects.
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Deposits into the State Construction Account Fund cannot exceed the amount of required expenditures under subsection (b) or expenditures made to the Toll Highway Authority's Capital Construction Plan.
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Maintains existing requirements that Authority funds be spent only on operations, maintenance, bond obligations, renewal and replacement, and system improvements that enhance safety, efficiency, and environmental quality of the toll highway system.
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Takes effect immediately upon becoming law.
Legislative Description
TOLL HWY ACT-EXCESS REVENUE
Last Action
Rule 19(a) / Re-referred to Rules Committee
3/27/2015